Cash payments are typically higher at hospitals than what they charge insurance companies. Big insurance companies work with hospitals to get better rates. Medicaid pays a discounted rates. Non-insured pay the most.
Carry on.
extremely generalized statement.....having both been private pay and had two different health insurance policies in the last decade insurance does not always equal the cheapest....can be so but so many different hospitals and insurance companies are involved it is far from an always thing.....overall its prolly true but on individual tests and procedures not always.....its a negotiated thing and sometimes an insurance company will insist on Procedure B being low balled while letting the hospital get Test X reimbursed at a higher than cash pay rate....
but WTF do i know ive only listened to my mom talk about her work in the billing department of the local hospital since 1992.....
